i have a credit listing on my credit report. its from asset acceptance. They were really harassing me, so i paid them off to get them off my back. i paid them $2500, when they billed me for $7k+. we settled at 2500 in return for paid in full status and closure of my account with them. on my credit report the original balance says $4492. shouldnt it say 2500 since thats what we settled for? can i dispute this? also would having $4492 do anymore to my credit score than the 2500? or would either score effect my credit score the same way?
The amount won't make a difference in regards to your credit score. And even though you settled for $2,500, I believe they do have the right to report what the true original balance was anyway.
